SpecificationsTicker: KRBSymbol: Ҝ - Ka with vertical stroke, it is a letter of the Cyrillic script. Its form is derived from the Cyrillic letter Ka (К к) by the addition of a stroke through the short horizontal bar in the centre of the letter.

Goal of Karbo project is to create anonymous stablecoin – decentralized, community oriented cryptocurrency with low price volatility by using new to crypto world technics of regulating coin supply and its market price.

Key principle of CryptoNote is adaptive parameters. Karbo already has adaptive block size limit and difficulty. In addition to it Karbo will implement adaptive emission, adaptive minimal transaction fee and monetary deposits with adaptive interest rate to achieve this goal. Forthcoming updates are based on Vitalik Buterin and Scott Roberts ideas.

How to solo mine with the CLI release1. Download CLI release from 2. Extract the release to any folder or directory3. Run the daemon, karbowanecd. Then start simplewallet and open or create a wallet. You can open it later in GUI.4. In simplewallet, type "start_mining x", x being the number of CPU cores you wish to mine with.5. Check your hash rate by typing "show_hr" in karbowanecd. Hide it by typing "hide_hr".

Alternatively you can run the daemon, karbowanecd with these flags: --start-mining YOUR_WALLET_ADDRESS --mining-threads 3 - much more easy

Miners and config examples are at Pool Getting started page. They are the same as with any other Cryptonote coin. Except Claymore's miners.You can use Minergate GUI miner - just add custom pool in "Other Pools" tab.

Pool mining is workingPool is up and running in API mode as block explorer. I will open pool for mining later. Let's begin with solo mining.

Important!When sending to exchange make sure to include Payment ID. Failing to do so may result im loss of your funds.

Light Wallet

It is possible to use wallet without blockchain, in remote mode it will be connected to the remote node. This allows to get fully functional wallet in minutes.Just select remote node in settings and restart wallet if you're using GUI, or run simplewallet with --daemon-address or --daemon-host & --daemon-port flags. It is quite safe, the node can't steal your coins.

node.karbowanec.com:32348

krb.node.mypool.name:32348

If you choose node.karbowanec.com you will be connected to random 'masternode' running by community members.

Masternodes

Cryptonote coin's wallets can operate through remote daemon without downloading blockchain. It allows to start working quickly when needed. It is quite safe as remote daemon can't steal your coins, running own node is more secure of course. To work through remote daemon in simplewallet you need to specify remote daemon's address with flag for example --daemon-address=136.243.158.27:32348, in GUI you can just select remote node in settings or add custom one. But these remote nodes are not rewarded anyhow in any CN coin. Only in Karbowanec such remote nodes are rewarded for their service. We call them Masternodes because this term is well known and to troll other coins .

So, basically, Masternode it is the CLI Karbowanec daemon running on a machine with open port which allows to connect to it for such light wallets and, most important, mobile wallets in the future. Karbowanec wallets, connected to Masternode, are paying small fees to that node when are sending transactions through it. These fees are supposed to help to cover the costs of operating Karbowanec nodes.

These Masternodes are providing service necessary for mobile wallets, and besides are helping to maintain and enlarge Karbowanec network. We have plans no incentivize such nodes even more in the future.

To start own Karbowanec masternode all is needed is just a machine with static IP and open port. Machine should have enough CPU power to handle load when parsing blockchain for connected wallets, it can be even spare PC at home. On such machine you can run karbowanec daemon specifying a wallet address where fees would go like this:

You can specify any wallet address, it can be your GUI wallet address, even paper wallet. This is the wallet where you will receive fees.You need to make sure your port is open and not blocked by firewall. If you are running it at home behind router you need to do port forwarding.

If you have PC at home constantly running with fast connection and static IP and want to operate such Masternode to help Karbowaec network, run daemon as in example and send me you IP so I can add it do default nodes list. You can check if your node is running opening its IP in browser like this

You can also run Masternode on VPS with dedicated domain and publish here with description so people can add your node manually if they prefer it. It is not recommended to run node on VPS now specially for Karbowanec, do it only when you already have spare VPS and it is idling.

For now, do not expect yet to earn a lot of fees because there is very low usage of such remote nodes.

The karbovanets (Ukrainian: кapбoвaнeць, karbovanets, plural: кapбoвaнцi, karbovantsi), has been a distinct unit of currency in Ukraine during three separate periods in its history. I decided to resurrect it back to life as digital cryptocurrency seeing rise of multiple national cryptocurrencies. I believe it has its right to exist and potential. There is a lot of crypto enthusiasts in Ukraine scattered on different forums and I hope some of them will support this project. I think there is demand in Ukraine for decentralized services which corrupted and ineffective government can't control, and I hope Karbowanec will find its niche in Ukraine.

The etymology of the name "karbovanets" is by one supposition originated in Ukraine from the ancient primitive way to carve numbers of calculations on a rod. The name even has same stem as english 'carve' thus we carve coins not mine them

Why Cryptonote? Because Cryptonote technology provides fungibility and privacy - most important features of money, it has robust tested tech, verified cryptography and it is easy to start

If someone wishes to participate in development and improvement please don't hesitate to contact.

Yes I am. To be honest here, I am not programmer but loved this idea so much that couldn't withstand to try to launch it. Cryptonote is well documented so even I managed to get working binaries and network etc. We will see in an hour if it works If it is, there is API for merchants, I will prepare documentation in ukrainian.

~Open Source is just another buzzword if you cant read the code~~Got this girl in my bed, a roof over my head, i mine a couple coins a week, and thats how i make bread~~reach me on Discord if you wanna chat, i dont come on here much anymore the BCT Mafia is outta control : / ~